German industrial orders rose just 0.8 percent in September, falling well short of a consensus forecast in a blow to those expecting a rebound after August’s steep fall, and heightening concerns about the health of Europe’s largest economy.
September’s modest monthly rise compared with a Reuters consensus forecast for a 2.3 percent gain.
Bookings from abroad rose 3.7 percent while domestic orders fell 2.8 percent.
The data for August was revised to a 4.2 percent drop from a previously reported drop of 5.7 percent.
via CNBC
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